In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Concentration of Block-Issuing Entities: Is Bitcoin on the Road to Centralization?

Concentration of Block-Issuing Entities: Is Bitcoin on the Road to Centralization?

Is Bitcoin's ability to remain neutral and censorship-resistant still guaranteed?

Sylvain Saurel
Apr 17, 2025
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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Concentration of Block-Issuing Entities: Is Bitcoin on the Road to Centralization?
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The Bitcoin revolution is inextricably linked to the decentralization revolution we must move towards in all areas. Bitcoin embodies the idea of a system without intermediaries. Nevertheless, at the heart of the Bitcoin system, the technological reality raises questions. Especially when we realize that 6 entities completely dominate the production of new blocks, thus concentrating a large part of the power. These 6 entities currently produce 9 out of 10 blocks.

This raises questions that are far from new: Does this increasingly apparent centralization call into question one of the protocol's foundations? Is Bitcoin's ability to remain neutral and censorship-resistant at risk?


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